Tribunals and CommissionsDivision Bench(2022) 06 NCLT CK 0497

Bircort Textile Pvt Ltd vs Raj Arcades Homes Pvt Ltd

National Company Law Tribunal, Mumbai · Decided on 3 June 2022

HON’BLE JUDGES
K. K. Vohra, Member (Technical) · P. N. Deshmukh, Member (Judicial)
CASE NUMBER
IA 1236/2022 in C.P. (IB) 3101/MB/2019

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Judgment

4 paragraphs · 108 words

ORDER

IA 1236/2022

This is an Application for withdrawal of the main Company Petition (CP) bearing CP (IB) No. 3101 of 2019 as the matter is settled out of the Court amicably between the Parties. The Applicant (Financial Creditor) has attached the consent terms on page 11 to 16 to the Application which is duly signed by the Financial Creditor and the Corporate Debtor.

In view of the above, the prayer for withdrawal of the CP is allowed. Accordingly, IA 1236 of 2022 is disposed of as allowed. Resultantly, the CP bearing CP (IB) No. 3101 of 2019 stands disposed of as dismissed as allowed to be withdrawn.